SPDR Refinitiv Global Convertible Bond UCITS ETF (GLCB.L)
GLCB.L is a passive ETF by State Street tracking the investment results of the Refinitiv Global CB TR USD. GLCB.L launched on Oct 14, 2014 and has a 0.50% expense ratio.
ETF Info
| ISIN | IE00BNH72088 |
|---|---|
| WKN | A12CZS |
| Issuer | State Street |
| Inception Date | Oct 14, 2014 |
| Category | Convertible Bonds |
| Leveraged | 1x |
| Index Tracked | Refinitiv Global CB TR USD |
| Domicile | Ireland |
| Distribution Policy | Distributing |
| Asset Class | Bond |
Expense Ratio
GLCB.L features an expense ratio of 0.50%, falling within the medium range.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of £10,000 in SPDR Refinitiv Global Convertible Bond UCITS ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
SPDR Refinitiv Global Convertible Bond UCITS ETF had a return of 6.81% year-to-date (YTD) and 11.40% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 6.81% | 25.70% |
| 1 month | 1.93% | 3.51% |
| 6 months | 3.85% | 14.80% |
| 1 year | 11.40% | 37.91% |
| 5 years (annualized) | 6.29% | 14.18% |
| 10 years (annualized) | N/A | 11.41% |
Monthly Returns
The table below presents the monthly returns of GLCB.L, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.55% | 1.37% | 2.06% | -1.57% | -0.53% | 1.86% | -0.32% | -0.61% | 0.74% | 3.76% | 6.81% | ||
| 2023 | 3.92% | 0.06% | -1.39% | -1.82% | 1.08% | 1.64% | 1.17% | -1.04% | 1.54% | -2.10% | 0.90% | 4.19% | 8.24% |
| 2022 | -5.90% | -0.59% | 1.46% | -1.79% | -4.25% | -1.92% | 2.55% | 5.08% | -2.07% | -0.99% | -0.82% | -1.68% | -10.80% |
| 2021 | 1.05% | 0.51% | -2.73% | 3.15% | -3.76% | 3.91% | -2.43% | 2.85% | -0.57% | -0.17% | -0.97% | -2.58% | -2.08% |
| 2020 | 1.78% | 0.34% | -7.46% | 7.35% | 6.68% | 5.50% | 0.03% | 4.96% | 0.85% | -0.61% | 6.79% | 3.87% | 33.29% |
| 2019 | 1.55% | -0.08% | 1.82% | 1.80% | 0.48% | 2.61% | 4.82% | -1.32% | -1.71% | -2.79% | 1.88% | 0.72% | 9.99% |
| 2018 | 0.87% | -0.51% | 1.18% | 1.74% | -0.55% | -2.76% | -0.10% | -2.17% | -2.38% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of GLCB.L is 48, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for SPDR Refinitiv Global Convertible Bond UCITS ETF (GLCB.L) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
SPDR Refinitiv Global Convertible Bond UCITS ETF provided a 60.34% dividend yield over the last twelve months, with an annual payout of £0.23 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|
| Dividend | £0.23 | £0.11 | £0.10 | £0.08 | £0.15 | £0.16 | £0.07 |
Dividend yield | 60.34% | 30.63% | 30.04% | 21.37% | 39.16% | 55.41% | 26.51% |
Monthly Dividends
The table displays the monthly dividend distributions for SPDR Refinitiv Global Convertible Bond UCITS ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | £0.09 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.14 | £0.00 | £0.00 | £0.00 | £0.00 | £0.23 | |
| 2023 | £0.05 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.06 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.11 |
| 2022 | £0.05 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.05 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.10 |
| 2021 | £0.05 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.03 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.08 |
| 2020 | £0.09 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.06 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.15 |
| 2019 | £0.07 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.09 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.16 |
| 2018 | £0.07 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.07 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the SPDR Refinitiv Global Convertible Bond UCITS ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the SPDR Refinitiv Global Convertible Bond UCITS ETF was 22.35%, occurring on Jun 16, 2022. The portfolio has not yet recovered.
The current SPDR Refinitiv Global Convertible Bond UCITS ETF drawdown is 6.72%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -22.35% | Feb 16, 2021 | 335 | Jun 16, 2022 | — | — | — |
| -15.28% | Feb 21, 2020 | 29 | Apr 1, 2020 | 34 | May 22, 2020 | 63 |
| -7.68% | Sep 6, 2018 | 78 | Dec 24, 2018 | 113 | Jun 10, 2019 | 191 |
| -7.11% | Aug 2, 2019 | 56 | Oct 21, 2019 | 58 | Jan 14, 2020 | 114 |
| -4.16% | Oct 14, 2020 | 13 | Oct 30, 2020 | 6 | Nov 9, 2020 | 19 |
Volatility
Volatility Chart
The current SPDR Refinitiv Global Convertible Bond UCITS ETF volatility is 1.60%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.